July 14, the State Council Information Office held a press conference, the General Administration of Customs relevant person in charge of the introduction of “the first half of 2025 trade in goods import and export situation”.
According to data released by the General Administration of Customs, in the first half of 2025, China’s trade in goods import and export value of 21.79 trillion yuan, an increase of 2.9% year-on-year, hitting a record high in the same period in history. Among them, exports 13 trillion yuan, an increase of 7.2% year-on-year, which is also the first half of the export scale in the same period of history for the first time exceeded 13 trillion yuan; imports of 8.79 trillion yuan, a year-on-year decline of 2.7%. It is worth mentioning that China’s imports and exports have been running in 9 consecutive quarters above 10 trillion yuan, and even 7 quarters to maintain year-on-year growth.
June month, China’s imports and exports as a whole, exports, imports, all to achieve year-on-year growth, and the growth rate rebounded: import and export scale of 3.85 trillion yuan, for the monthly import and export of the history of the second highest, an increase of 5.2% year-on-year. Among them, exports were 2.34 trillion yuan, up 7.2% year-on-year; imports were 1.51 trillion yuan, up 2.3% year-on-year.
Focus to the building materials and home furnishing industry, in the first half of the year, China’s building materials and home furnishing exports continued to be under pressure, but showed signs of marginal improvement.
Data show that from January to June this year, building materials and home furnishings category exports overall decline, of which, furniture and its parts decline the largest, exports of about 236.45 billion yuan, a year-on-year decline of 5.7%; followed by lamps and lanterns, lighting fixtures and their parts, exports of about 138.85 billion yuan, a year-on-year decline of 4.9%; ceramics products exports of about 79.44 billion yuan, with the the same period last year was basically the same.
It should be noted that the June single month, building materials and home furnishing industry export data released positive signals: lamps and lighting products exports of about 27.6 billion yuan, an increase of 7.8%; ceramic products exports of about 15.59 billion yuan, an increase of 4.6%. Furniture exports fell 1.5% to 39.99 billion yuan, but the rate of decline has narrowed compared with the previous period, showing signs of rebound.
Some industry analysts pointed out that building materials and home furnishing export pressure is mainly affected by the weakening demand in overseas real estate markets, trade barriers increase and other factors. However, with the improvement of June data, as well as enterprises to actively explore emerging markets, the export situation in the second half of the year is expected to gradually pick up.
Look at the export market, 2025 first half, China’s imports and exports to build a “Belt and Road” countries about 11.29 trillion yuan, an increase of 4.7% year-on-year, accounting for the proportion of the total value of imports and exports increased to 51.8%. Among them, China’s import and export to ASEAN about 3.67 trillion yuan, an increase of 9.6% year-on-year; China-EU trade remains stable, the first half of the import and export of about 2.82 trillion yuan, an increase of 3.5% year-on-year; China-U.S. trade by the impact of tariffs, the first half of the total import and export value of a year-on-year decline of 9.3%, but in June, the chain of significant improvement, the value of imports and exports rebounded to more than 350 billion yuan.
At the press conference, Wang Lingjun, deputy director of the General Administration of Customs, introduced that in the first half of this year, China’s import and export of trade in goods is characterized by the following five aspects: First, the scale of foreign trade and stable growth; Second, foreign trade “circle of friends” more diversified; Third, the export dynamic to the excellent to the new; Fourth, the expansion of domestic demand driven by stabilization of imports; Fifth, the main foreign trade operation Vitality of foreign trade business entities is continuously released.
The General Administration of Customs said that in the first half of this year, China’s foreign trade to achieve these results, inseparable from the majority of foreign trade enterprises, foreign trade practitioners of the strain of the new, but also need to see, global unilateralism, protectionism, the rise of the external environment, the complexity of the severity of the increase in uncertainty, the second half of the year, China’s foreign trade and stable growth will still need to make strenuous efforts.
Overall, in the first half of this year, China’s foreign trade to maintain a strong resilience, to achieve total growth, quality improvement, variable controllable. But lamps, lighting fixtures and their parts exports declined year-on-year, also reflects the development of China’s lighting industry is still under pressure. Now, 2025 is halfway through, the second half of China’s lighting exports will show what kind of fluctuations? Large lighting will continue to focus on!
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